The company, which originally expected its shares to be priced between $47 and $55, will ask for $40 a share in a sign of stock market uncertainty.
Category: Start-ups
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How CoreWeave Went From Crypto Mining to Wall Street’s A.I. Bellwether
CoreWeave, which provides computing power for A.I., was founded by three Bitcoin enthusiasts. The company is now set to make the first prominent A.I. initial public offering.
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Is Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.
The uncertain reaction to Xi Jinping’s display of warmth made sense: Executives are eager for a reset after years in the cold but ever wary of meddling.
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A.I. Is Changing How Silicon Valley Builds Start-Ups
Tech start-ups typically raised huge sums to hire armies of workers and grow fast. Now artificial intelligence tools are making workers more productive and spurring tales of “tiny team” success.
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A.I. Is Prompting an Evolution, Not an Extinction, for Coders
A.I. tools from Microsoft and other companies are helping write code, placing software engineers at the forefront of the technology’s potential to disrupt the work force.
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Nikola, E.V. Start-Up That Once Thrilled Investors, Files for Bankruptcy
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.
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HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, which marketed its Ai Pin as the next big thing after smartphones, had raised $240 million from investors, including OpenAI’s Sam Altman. The pin will be discontinued.
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Mira Murati, OpenAI’s Former Chief Technology Officer, Starts Her Own Company
Mira Murati, who left OpenAI last year, has helped establish Thinking Machines Lab, a new artificial intelligence start-up.
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They’ve Been Waiting Years to Go Public. They’re Still Waiting.
Some tech companies are delaying or pulling their listing plans as the Trump administration’s tariff announcements and other changes cause market volatility and uncertainty.
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OpenAI Rejects Elon Musk’s Bid to Gain Control of the Company
Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk and other investors had offered $97.4 billion earlier this week.